question archive Which of the following is not a wage or employment strategy that a union would follow? A - Set a maximum wage rate such that a shortage of workers will result
Which of the following is not a wage or employment strategy that a union would follow? A - Set a maximum wage rate such that a shortage of workers will result
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Which of the following is not a wage or employment strategy that a union would follow?
A - Set a maximum wage rate such that a shortage of workers will result.
B - Set a wage rate that will maximize the income of its members.
C - Set a wage rate such that all workers that want to find a job can find a job.
D - Set a wage rate that will maximize the income of only some of its members.
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Answer: Option C. Set a maximum wage rate such that a shortage of workers will result.
Explanation: Setting a maximum wage will not result in a shortage of workers but a surplus of workers and increases unemployment.
